Stegner Investment Associates Inc. Has $8.48 Million Position in iShares Russell 1000 ETF $IWB

Stegner Investment Associates Inc. decreased its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 5.8% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,963 shares of the company’s stock after selling 1,542 shares during the period. iShares Russell 1000 ETF comprises approximately 5.2% of Stegner Investment Associates Inc.’s investment portfolio, making the stock its 4th biggest holding. Stegner Investment Associates Inc.’s holdings in iShares Russell 1000 ETF were worth $8,477,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Rossby Financial LCC bought a new stake in iShares Russell 1000 ETF in the first quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC bought a new stake in iShares Russell 1000 ETF in the first quarter valued at approximately $28,000. Woodside Wealth Management LLC bought a new stake in iShares Russell 1000 ETF in the first quarter valued at approximately $30,000. Brooklyn Investment Group bought a new stake in iShares Russell 1000 ETF in the first quarter valued at approximately $33,000. Finally, eCIO Inc. bought a new stake in iShares Russell 1000 ETF in the first quarter valued at approximately $36,000.

iShares Russell 1000 ETF Stock Up 0.4%

NYSEARCA:IWB opened at $365.20 on Thursday. The stock’s 50 day moving average price is $359.09 and its two-hundred day moving average price is $334.76. The firm has a market capitalization of $43.71 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a 12-month low of $264.17 and a 12-month high of $369.87.

iShares Russell 1000 ETF Profile

iShares Russell 1000 ETF (the Fund), formerly iShares Russell 1000 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 1000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the large-capitalization sector of the United States equity market and includes securities issued by the approximately 1,000 largest issuers in the Russell 3000 Index.